SBLP Senior Living Fund I LP is a private investment fund that focuses on senior living facilities. These types of investments are often complex, risky, and not suitable for all investors. If your broker pushed or recommended these funds, you may have a case.
The poor performance of these investments reflects negatively on advisors, suggesting a conflict of interest and puts into question their legally required commitment to serve the best interests of their clients.
In our ongoing efforts to serve investors, Rose Law is representing individuals who purchased GWG L Bonds. These bonds were issued by GWG Holdings, Inc., which defaulted in 2022, significantly impacting numerous investors left holding worthless investments. Decoding the GWG L Bonds Fiasco Various broker-dealers were negligent in the sale of GWG L Bonds. Broker-dealers should [...]
Nearly 27,000 retail investors who are owed approximately $1.6 billion were the last to find out about GWG Holdings, Inc.’s serious financial troubles.
The official Committee of Bondholders of GWG Holdings Inc. has filed a legal motion in GWG’s chapter 11 case in support of L Bond investors and listing several serious allegations against GWG.
As GWG Holdings continues to struggle, investors are left holding the bag on millions of dollars of its failed L bonds. Many of those investors should never have been invested in the risky bonds in the first place.
GWG L bond investors are facing significant losses as GWG Holdings navigates both bankruptcy and class action lawsuits. Despite the bonds offering high interest dividends, the GWG L Bonds were poorly secured, unlisted and unsellable once purchased, while also being aggressively auto-renewed. This combination of high risk and illiquidity should have meant that they [...]
GPB agrees to have an independent monitor oversee the firm’s operations before court forces the issue.
GPB has been the focus of multiple accusations that has led to the indictment of its Managing Director and CCO and class action lawsuits. The Wall Street Journal is now reporting that at least seven states, including Missouri, have filed allegations against GPB Capital Holdings alleging "massive fraud" in a "Ponzi-like scheme that fleeced [...]
The Great Recession hit General Motors (“GM”) hard, and it declared bankruptcy in 2009. The value of its bonds, which were supposed to be a safe investment, was reduced to $0. As part of its bankruptcy restructuring process, GM changed its name to Motors Liquidation Company, and GM gave Motors Liquidation Company a warrant [...]